Greenfield airport near Mumbai by 2012

The proposed second airport near Mumbai would come up by 2012 at an estimated cost of about Rs 4,000 crore and would have a capacity to handle nearly 55 million passengers annually.

The greenfield airport, which is likely to come up at Copra-Panvel area, would be built through public-private partnership with private sector partner getting 74 per cent equity and the remaining retained by Airports Authority of India, Maharashtra government and its City and Industrial Development Corporation (CIDCO).

“We hope to start and complete the bidding process in 2007. The land required is about 1,140 hectares for the core airport activity and the estimated cost will be between Rs 3,200 crore and Rs 4,000 crore”, Civil Aviation Minister Praful Patel told reporters after a meeting with Maharashtra Chief Minister Vilasrao Deshmukh here.

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